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Housing Prices Reaching Fair Market Value Only to Keep Decreasing?

Started by bblitzmu
almost 17 years ago
Posts: 10
Member since: Mar 2009
Discussion about
Interesting article: http://finance.yahoo.com/tech-ticker/article/261078/House-Prices-Will-Crash-Right-Through-Fair-Value-and-Bottom-Down-50;_ylt=An0n_qgJ1BK_AT.1ArLnMam7YWsA?tickers=xlf,dia,spy,tol,hd?sec=topStories&pos=6&asset=&ccode=
Response by anonymous
almost 17 years ago

http://www.businessinsider.com/henry-blodget-housing-market-2009-4

http://finance.yahoo.com/tech-ticker/article/261078/House-Prices-Will-Crash-Right-Through-Fair-Value-and-Bottom-Down-50?tickers=xlf,dia,spy,tol,hd?sec=topStories&pos=6&asset=&ccode=

http://www.businessinsider.com/henry-blodget-the-five-waves-of-the-housing-collapse-2009-6

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Response by w67thstreet
almost 17 years ago
Posts: 9003
Member since: Dec 2008

http://www.streeteasy.com/nyc/talk/discussion/11885-are-we-done-with-foreclosures

been discussed but seeing how it's getting picked up by so many... its' going swine flu viral as we speak...

the statistician in me wonders if this thing going viral will "cause" nyc re mkt to fall? or correlation... like the January effect or chartists?

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Many of us have been saying "overshoot" for a LONG time. That the problem with RE markets. The same lack of liquidity leading to inertia on the upside means inertia on the downside.

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